My thoughts about entrepreneurship

My thoughts about entrepreneurship Starting this essay about entrepreneurship, offcourse, I planned to write down what my opinion about entrepreneurship is. But that appeared to be a little harder than expected. To be honest, I am not quite sure what I think about entrepreneurship. There are many pro’s and con’s that have be to taken into consideration when thinking about being an entrepreneur. And I think ones opinion about it is influenced strongly by the examples and experiences with it in one’s personal environment.

But since I took this course because of my interest in the subject and my will to learn about it, I am curious to find out what the conclusion of this essay will be and if I can form myself an opinion about it. The plain idea of running my own business, turning my passion into a successful job, being innovative and unique, that sounds really good. I think it does to many people. But that doesn’t make any wish to be an entrepreneur a realistic one.
Theoretically it is not even that hard to start a company, you just fill in some forms and pay a fee for the licenses needed. But having that paper with a name of a company on it doesn’t make you an entrepreneur. It all starts with an idea, and it should be an idea that’s unique and not used before. After this point there are many factors deciding on the success or failure of the company.

Obviously there must be many situations in which being an entrepreneur can be extremely stressful and risky (financially as well as personally). Being an entrepreneur is more a lifestyle that you have to choose for then a job you apply for. It demands leadership, innovative thinking, good social skills and a commercial mindset to keep a business running. And even if you have all that, you also need some luck and good circumstances that you cannot always influence.

I think a few of the main points that come forward from my results are: the industry of your business, your business idea, your own